House introduces bipartisan bill on AI in banking and housing
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
Read more...It is the certainly quite alarming for anyone who is working as human resource, security, or risk-management head in any organisation: Your phone rings out of sudden late Friday afternoon rings late when you are just trying to wind up your work from yet another hectic week and are looking forward to enjoy relaxing weekend. A panic-stricken voice notifies you that a newly hired employee in administration department has assailed another employee in the same division and threatened to hurt the manager. Later on, you even get to know from other employees that same employee was involved in stealing of money, but wasn’t verified beforehand.
This can create a lot of mess in the office and in order to avoid such incidences it’s always better to get the background check of each and every employee whom you are thinking of hiring. For this you just need to outsource data verification services to a reliable third party service provider. There are many businesses that run in-house call centre to verify this information; however it is not possible for all types of organisation to carry out these activities. And the main reason behind the same is budget constraints.
Outsourcing data verification services can help you screening right candidate and save you from facing any such situation that we mentioned above. Indeed, it’s difficult to deal with the mess it creates. There are so many employees working and you can’t afford to lose many good existing candidates due to misconduct of one or two employees. As it becomes spread around like anything and starts impacting the work culture. Therefore, it’s always better to seek professional assistance rather than repenting later.
Through this post, let’s try to understand why pre-employment background check is critical and why data verification services holds significance. Given below is the list of few questions that you need to know before taking up the final call to outsource data verification services to trustworthy call centre.
What all is involved in pre-employment background check?
Many business owners are not aware what exactly is verified in the pre-employment background check. Hope the answer to this question enlightens many who are still confused what can be known through data verification services. When any candidate clears an interview in your organisation they furnish some of the details about their previous employment as well as educational background. Sometimes to get through any interview for senior position they tend to provide fake working experience. In such scenarios, if you don’t get the background checked chances are you end hiring unsuitable candidate and discover about the inabilities quite late. This way you will not only end up wasting your valuable time and effort, but also capital that you can invest in other major marketing campaigns. Keeping in mind the rising competition in the market you need to wary while carrying out the hiring process. In the pre-employment background check, these service providers help you finding it details about the candidate’s previous employment, address, educational background and criminal record. Only the candidates with verified background are given a green signal by them. It will help you getting the right candidate in place.
Who provides these services?
There are numerous of call centres offering real-time data verification services. They serve businesses regardless of shape and size. They hire a team of highly qualified and certified professionals who with right knowledge and expertise can help you in the new hire screening process. After all, it is about the future growth of your business and you can’t afford to overlook the same. Each and every candidate you think of hiring contributes to the company’s success and such a big decision you can’t afford to take it that lightly.
Are these service providers authorized to conduct data verification services?
This is one of the most significant questions that every business owner wants to know before outsourcing data verification services to any third party service providers. Therefore, always ensure beforehand whether the service providers you are thinking of outsourcing are authorized to carry out such service or not. This can put you in trouble as well. So do cross check same information before contracting out the services. Well, most of the times these call centres are authorized to carry out data verification services.
What are benefits you can leverage by outsourcing data verification services to a third party service provider?
There are numerous of benefits that you can leverage by outsourcing data verification services. To name a few, cost reduction, seamless screening of new candidates, saves time and effort and gathering of right information. You don’t have to incur huge investment on maintenance of requisite infrastructure as well as hiring of experienced staff. Everything is well taken care of by these service providers; you just need to hire the candidate. A detailed report about the verified information is shared with you. This way you can keep the records of the employees who furnished misleading information and not entertain them again provided they apply in your company again in future.
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
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